...any late fees in the Lease. This important information should be in writing and be specific, It should say exactly how much you will be charging and should include a statement that the penalties are not negotiable. Stick to the agreement and never waive a penalty as this may weaken your standing with your tenant and set a bad precedent. If you waive it once they will assume you'll waive it again.
It is also a good idea to have an Attorney look over a lease before having a tenant sign it. Paying an Attorney for an hour of their time could end up saving you money in the long run. Bradford Miller Law, P.C. has been helping landlords for several years. We can provide legal guidance and help you with a lease to assure that your assets are protected.
At bradfordmillerlaw.com you will find helpful landlord information along with information about our firm. Our experienced attorneys have earned membership in the Better Business Bureau. To discuss your pending or potential real estate transaction, your ongoing legal needs as a property owner or landlord, or your estate planning concerns, call us at 312-238-9298 for a FREE 15-minute consultation.
Posted by Bradford Miller Law, P.C.
134 N. LaSalle Street, Suite 1040
Chicago, Il 60602
Offering free legal representation to homeowners seeking a short sale
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